Skip to content

White Brook Capital · Est. 2016 · Chicago

Principled portfolios for the ethical investor.

We manage investment portfolios for accredited investors who care about how their money is earned. We exclude weapons, vice, and businesses that materially support them, then invest within those limits.

Talk with Basil What we won’t own

What we won’t own

Buying a stock means owning part of a business. Before considering an investment, we ask whether we are comfortable with how that business makes its money.

Defense and weapons

Manufacturers of weapons and the components and software that make them work.

Defense-related products and services

A company’s main industry label does not always tell the whole story. We exclude companies that earn significant profits, or plan to, from offerings customized to kill or help others kill more effectively.

Tobacco, alcohol, and gambling

Businesses built around producing or selling vice.

Adult entertainment and predatory lending

Businesses that produce or monetize adult content, and lenders that charge punitive interest or lend heavily to borrowers likely to fall behind.

We apply these exclusions ourselves. We understand what companies do, who their customers are, and where and how they intend to grow. Some decisions require more judgment than others. We have a point of view and can explain each decision.

Read more about our exclusions

How we choose investments

Our ethical screen applies across all three strategies. How we invest after applying it depends on the strategy you choose.

The index strategy provides diversified exposure to large companies listed on U.S. exchanges that meet our criteria.

In our active strategies, we look for businesses whose prospects we believe are worth more than their share prices suggest. We consider how the business earns money, what could improve, and what could go wrong.

We generally expect to hold investments for years. That requires patience and continuous reassessment.

Concentrated portfolios can move sharply and can lag the market for extended periods. Prospective clients should be comfortable with that before investing in those strategies.

Our three strategies

WBC Ethical
Large Cap Index

Broad exposure to large companies listed on U.S. exchanges, with our ethical exclusions applied. Designed for investors who want a diversified equity portfolio that reflects these restrictions.

We aim to keep sector exposures close to the S&P 500 while applying our ethical exclusions. Screening can help or hurt relative returns.

Explore the Index strategy

WBC Ethical
All Cap

An actively managed mix of individual stocks and ETFs. The All Cap Strategy invests across company sizes and holds cash as opportunities and market conditions change.

That flexibility gives us more choices. Results depend on the investment decisions we make.

Explore the All Cap strategy

WBC Ethical
Small Cap

A concentrated portfolio of small and microcap companies. Limited research coverage can create opportunities for investors willing to do the work.

These businesses can also be less established, harder to trade, and more volatile. The strategy requires patience and the ability to tolerate substantial declines.

Explore the Small Cap strategy
Basil Alsikafi, Founder and Portfolio Manager

Basil Alsikafi

Founder & Portfolio Manager

I founded White Brook Capital in 2016 and manage its investment portfolios.

Before White Brook, I worked at MSF Capital and BBT Capital Management. I have been researching and investing in public companies across a range of strategies since 2005. I began my career in investment banking at JPMorgan and hold an MBA from Kellogg and an A.B. from the University of Chicago.

If you are considering investing with us, we can discuss the strategies, the risks, and whether our approach fits what you need.

More about Basil

Letters to investors

Our quarterly letters discuss the portfolio, individual investments, and the developments affecting our thinking. They give you a way to assess our reasoning over time.

Let’s discuss what you want from your portfolio.

A first conversation helps us understand your priorities, time horizon, and comfort with risk. We have a detailed understanding of the companies in our investment universe and can further customize our indexed strategy to match your priorities. It also gives you a chance to ask about our exclusions, fees, and investment decisions.

If there is a fit, we can discuss which strategy makes sense for you.

Talk with Basil